Tax Carnival Ecstasy – November 5, 2013

Welcome to the November 5, 2013 edition of Tax Carnival Ecstasy. In this edition we start with an article on The Government Shutdown delaying The Start Of The January Tax Season by Bill Smith. Lee Hadnum has a nice article onNon-Resident & Offshore Tax Planning that you should take a look at. Hope you enjoy all the material and follow the carnival to it’s next destination.

filing

Bill Smith presents The IRS Publication 17 And You posted at 2009 Tax, saying, “IRS publication 17 deals with general instructions and guidance for people using form 1040. Paying income tax can be daunting but reading this publication will aid you in this process.”

Punch cartoon (1907); illustrates the unpopularity amongst Punch readers of a proposed 1907 income tax by the Labour Party in the United Kingdom. (Photo credit: Wikipedia)

retirement

John Schmoll presents Putting Time on Your Side: How to Start Investing in Your 20s posted at Frugal Rules, saying, “A common excuse given by those in their 20s as to why they can’t invest is because they can’t afford to. However, there are ways to get started investing when you’re young and doing so will do wonders for your wealth building and giving yourself more time to grow your retirement portfolio.”

taxes

Justin @ Root of Good presents $150,000 Income, $150 Income Tax posted at Root of Good, saying, “Justin at Root of Good reveals how his household made $150,000 and paid only $150 in income taxes through a combination of contributions to workplace savings plans and IRA‘s. Tax efficient investing and tax loss harvesting also played a key role in keeping his income taxes at 0.1%.”

tips

Abdulrasool presents 5 Tricks to Successful Dividend Investing posted at Top Dividend Stocks, saying, “The board of directors sit down before quarter-end to decide whether a company can afford to pay out cash dividends. Thus, not all dividends are guaranteed. Keep this in mind before you start buying companies that pay dividends. Look at the balance sheet to determine how much cash & short term investments the company has, how much long term debt, how long the company has been paying dividends and how many years it has been able to increase dividends.”

That concludes this edition. Submit your blog article to the next edition of tax carnival ecstasy using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.